Digital PCR (DPCR) and qPCR Market worth $3.97 Billion by 2019

According to a new market research report "Digital PCR (dPCR) and qPCR Market" by Technology, Product (Instruments, Reagents, Software), End User (Research Lab, Academia, Hospitals, Pharmaceutical & Biotechnology Cos, CROs), Application (Research, Diagnostic, Forensic) Global Forecast to 2019, this report studies the global digital PCR (dPCR) and qPCR market over the forecast period of 2014 to 2019. The market is expected to reach $3.97 billion by 2019, at CAGR of 7.8% from 2014 to 2019.

Based on the type of technology, the global digital PCR (dPCR) and qPCR market is classified into two major segments, namely, real-time PCR (qPCR) technology and digital PCR (dPCR) technology segments. Moreover, based on type of products, the global digital PCR (dPCR) and qPCR market is classified into two product segments, namely, qPCR product segment, and dPCR product segment. Each of the qPCR and dPCR product segments is further sub-divided into instruments, reagents and consumables, and softwares and services, respectively. The analyzes and studies the major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia-Pacific, and the Rest of the world (RoW).

The global digital PCR (dPCR) and qPCR market is further classified into two end-user segments, namely qPCR end-users and dPCR end-user segments. Each of the qPCR and dPCR end-user sub-segments include research laboratories and academic institutions, pharmaceutical and biotechnology companies, hospitals and diagnostic laboratories, clinical research organizations (CROs), and forensic laboratories. Additionally, the global digital PCR (dPCR) and qPCR market segmented based on applications into qPCR applications and dPCR applications. Each of the qPCR and dPCR application market is further divided into research, clinical, and forensic applications, respectively.

A number of factors such as growing geriatric population, technological advancements, rising incidence of infectious diseases and genetic disorders, and increased public-private investments, funds, and grants are driving the growth of the global digital PCR (dPCR) and qPCR market. On the other hand, factors such as high cost of dPCR instruments and limitations of qPCR and dPCR techniques are restricting the growth of the global digital PCR (dPCR) and qPCR market.

As of 2014, North America holds the largest share of the digital PCR (dPCR) and qPCR market, followed by Europe. However, the Asia-Pacific market is expected to grow at highest CAGR of ~10.7% from 2014 to 2019. A number of factors such as increase awareness related to gene-based disease diagnosis and treatment, growing public and private support to develop novel dPCR and qPCR technologies, rise of Indian genomics market, and strengthening cancer research in Japan, increasing focus of global life science companies in emerging markets are stimulating the growth of the digital PCR (dPCR) and qPCR market in the Asia-Pacific region.

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